Page 64 - Policy Wording - Hollard Prestige Portfolio

62 Hollard Prestige Portfolio – Version 1.5 – 19 June 2024
Section 2 – Contents
The most we will pay in the period of insurance is the limit stated in the schedule per calendar year.
We do not cover the following:
– payment of any debts resulting from identity theft
– any costs or fees incurred in reinstating your credit status or good name relating to or for a business activity
– speeding or parking fines or infringements
– costs to re-establish identity or credit records outside the Republic of South Africa
– any costs recoverable from your bank, credit card or credit provider
– costs not supported by written evidence.
○ Loss of water by leakage
We will pay for charges levied by a local authority for water lost through leakage, breakage or bursts from pipes in
your water mains system up to the limit stated in the schedule provided that:
– the consumption reading must be at least 50% more than the average of the previous four readings
preceding it
– you take immediate steps to repair the pipes affected on discovery of a leak by physical evidence or on
receipt of an abnormally high water account
– leaking taps, geysers, toilet systems and swimming pools are excluded
– the insured address hasn’t been unoccupied for more than 60 consecutive days
– we will not be liable for more than two separate incidents in a period of 12 months
– we do not cover the cost of fixing the problem, including repairs to the affected pipes.
○ Out of vehicle cover means we will pay for loss or damage of contents and/or personal belongings from an
unoccupied motor vehicle provided that the items are out of sight and the vehicle is securely locked or housed in
a securely locked building and entry to the vehicle or building is accompanied by evidence of violent and forced
entry subject to the following conditions:
– should the vehicle be opened by an unauthorised person without any evidence of violent and forced entry
or exit we will pay up to a Fixed limit stated in the schedule, unless
– any of the stolen items are specified under Section 3, Assets specified these will be paid up to the sum
insured stated in your schedule.
The excess stated in the schedule applies to this cover.